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21-B A note or bill payable at a determinable future time

A promissory note or bill of exchange is payable at a determinable future time within the meaning of third Act if it is expressed to be payable:- (a) at a fixed time after sate or sight or; (b) on or at a fixed time after the occurrence of a specified event which is certain to happen, though the time of its happening may be uncertain. ...


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